Park Power
Park Power is a privately held alternative electricity and natural gas supplier that purchases energy in bulk and resells fixed-rate and variable-rate plans to residential customers across six deregulated U.S. states (PA, IL, MD, OH, DE, DC) via 22 utility partnerships.
- Company typePrivate
- Founded2012
- HeadquartersBroomall, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Park Power does
Park Power, LLC is a privately held alternative retail electricity and natural gas supplier founded in 2012 and headquartered in Media, Pennsylvania, with an additional office in Broomall, PA. The company purchases energy in bulk from generation companies and resells fixed-rate and variable-rate supply plans to residential and small commercial customers across six U.S. deregulated markets — Pennsylvania, Illinois, Maryland, Ohio, Delaware, and Washington D.C. — operating in partnership with 22 incumbent utility providers (including UGI, ComEd, BGE, Duke Energy, Delmarva Power, and PEPCO) that continue to handle physical distribution, billing, and emergency response while Park Power supplies the commodity. Park Power is licensed by the Pennsylvania Public Utility Commission (license A-2014-2424567) and holds equivalent retail-supply licensing in its other operating states.
The business operates a single-segment, direct-to-consumer model. Customers enroll online via the parkpower.com zip-code-based rate finder or through a toll-free call center (1-855-780-7275), and switching is handled remotely with no service interruption or equipment installation. Revenue is generated from two streams: a per-unit commodity supply margin on delivered electricity (per kWh) and natural gas (per Ccf), plus a flat $4.95 monthly service fee per customer. The product portfolio consists of fixed-rate plans (price-certainty and "Price Protection Guarantee"), variable-rate plans (market-tied), new-customer rebates, and recurring rewards programs. No mobile app, public API, proprietary technology platform, or AI/ML capability is disclosed; the technology stack is a content/enrollment website plus telephony-based inside sales.
The company is operationally lean at 11–50 employees and bootstrapped — no parent company, no disclosed funding rounds, no M&A activity, and no institutional investors are reported. Leadership comprises founder and president Gary DeSanto, COO Joseph Colia, VP of Customer Relations Gail DeSanto, and Accounting Manager Mia McGarvey. Competitive positioning rests on bulk-purchasing cost leverage, state-by-state regulatory licensure, and personal customer service rather than proprietary technology.
Park Power firmographics
Firmographics- Name
- Park Power
- Legal name
- Park Power, LLC
- Website
- https://parkpower.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Park Power is a privately held alternative electricity and natural gas supplier that purchases energy in bulk and resells fixed-rate and variable-rate plans to residential customers across six deregulated U.S. states (PA, IL, MD, OH, DE, DC) via 22 utility partnerships.
- Ownership category
- akta.pro rank
Park Power industry classification
Industry- Product category
- Retail Energy Supply
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Retail Electric Providers / Competitive Distribution Utilities (where applicable) (EUADABAE)
- akta.pro secondary industries
- Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA), Green Tariffs & Utility Renewable Supply Programs (EUAGADAJ)
Keywords
Where Park Power is headquartered
LocationHeadquarters
- HQ city
- Broomall
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Park Power business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Energy Supply Revenue: Park Power generates revenue by charging customers for the supply portion of their electricity or natural gas. They purchase energy in bulk from generation companies and offer fixed-rate plans to residential customers. Customers continue to receive bills from their utility company, which includes Park Power's supply charges.
- Monthly Service Fee: A monthly service fee of $4.95 is charged to customers for access to Park Power's services, billing support, and account management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | UGi Res UGI 6M Fixed Rate Plan - $0.5690/Ccf |
| Subscription | Monthly | Maryland Variable Electric Rate - $0.2299/kWh |
| Subscription | Monthly | Maryland Variable Gas Rate - $1.699/Ccf |
| Subscription | Monthly | Ohio Variable Electric Rates - $0.1999-$0.2099/kWh |
| Subscription | Monthly | Ohio Variable Gas Rates - $1.599-$1.799/Ccf |
| Subscription | Monthly | DC Variable Electric Rate - $0.2299/kWh |
| Subscription | Monthly | DC Variable Gas Rate - $1.999/Ccf |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Park Power product offering
Product offeringCore offering
Park Power is an alternative retail energy supplier that purchases electricity and natural gas in bulk from generation companies and resells supply to residential and commercial customers in deregulated U.S. energy markets. The company offers fixed-rate and variable-rate supply plans across six states (Pennsylvania, Illinois, Maryland, Ohio, Delaware, and Washington D.C.), working through 22 utility distribution partners while customers continue to receive delivery and billing from their incumbent local utility.
Product overview
Park Power is an alternative energy supply company offering electricity and natural gas supply plans to residential and commercial customers in deregulated markets. The company operates primarily through two core products: electricity supply plans and natural gas supply plans, each available in fixed-rate or variable-rate configurations. Fixed-rate plans provide price protection and certainty for the contract term, while variable-rate plans offer flexibility with market-based pricing. Park Power differentiates itself through rebate offers for new customers and reward programs that return value to customers and support community initiatives. The company connects customers to competitive rates by purchasing energy in bulk from generation companies and partnering with existing utility infrastructure for delivery.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity Supply Plans
- Natural Gas Supply Plans
Quantifiable outcome
- 37.8 million customers in 13 states and D.C. have used alternative electric suppliers
- +1 more outcomes
Companies that use Park Power
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Park Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Park Power partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Utility Companies (22 providers)corePark Power works with 22 utility providers across 6 states to deliver competitive energy rates. These utilities include major providers such as UGI (Pennsylvania), ComEd (Illinois), BGE (Maryland), Duke Energy (Ohio), Delmarva Power (Delaware), and PEPCO (Washington D.C.). Park Power functions as an alternative electricity/gas supplier while utilities continue to handle distribution, billing, and emergency services.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Park Power competitors and assessment
Company assessmentBroad incumbents
- Constellation Energy: Constellation is the largest U.S. competitive retail electricity supplier, operating across PJM/ComEd/PJM-East and other states that overlap Park Power's footprint. It is the dominant incumbent alternative supplier in MD, OH, IL and PA — a direct head-to-head competitor for Park Power's mass-market residential book.
- Shell Energy North America: Shell Energy (formerly MP2 Energy / Shell Energy Solutions) is a licensed competitive retail electricity and natural gas supplier in PJM states including PA, MD, OH, IL and DC. Targets residential, small commercial and large commercial/mid-market — a direct channel/utility-partner analog for Park Power.
Direct peers
- Spark Energy: Spark Energy was a publicly traded retail energy provider selling residential and small commercial electricity and natural gas in PA, MD, OH, IL, NY and other deregulated markets before being taken private. Very close competitor on size, multi-state model, and product mix — fixed and variable gas and electric plans.
- Verde Energy USA: Verde Energy is a small-to-mid residential REP operating in PA, NJ, IL, MD, OH and DC marketing "green" electricity supply plans. Most directly comparable to Park Power on footprint, customer segment (residential, mass-market) and inside-sales-heavy acquisition model.
- Xoom Energy: Xoom Energy is a residential and small-business REP operating in PA, IL, MD, OH and DC offering fixed and variable electric and natural gas plans. Same deregulated-state footprint and target customer as Park Power; very close substitute from a consumer comparison-shopping perspective.
- Liberty Power: Liberty Power is a competitive electricity and natural gas supplier serving residential, commercial and government customers in PA, IL, MD, OH and other states. Comparable end-to-end: licensed supplier, multiple utility integrations, fixed-rate retail products for homes and small businesses.
- AP Gas & Electric: AP Gas & Electric (AP Energy) is a PJM-focused residential and small commercial REP marketing fixed-rate electric and natural gas plans in PA, MD, OH and surrounding states. Operates with similar size and product structure, calling Park Power a same-tier direct competitor.
- Energy Plus / CalEnergy: Energy Plus is a residential and commercial REP active in PJM (PA, MD, IL, OH) and other deregulated markets. Markets fixed and variable gas/electric plans to the same mass-market homeowner persona as Park Power, and is comparable on sales channel mix (digital + phone enrollment).
- Direct Energy / NRG Home: Direct Energy (owned by NRG Energy) is a top-three residential and commercial REPs in PA, IL, MD, OH and DC — exactly the six states Park Power serves. Sells fixed- and variable-rate electric and natural gas plans to homeowners and small businesses through similar digital + inside-sales GTM.
Emerging players
- Atlantic Energy: Atlantic Energy is a smaller, multi-state residential REP focused on NJ, PA, MD and other PJM states selling fixed-rate electric and gas supply plans. Functionally the closest emerging peer to Park Power: similar deregulated-state footprint, residential focus, and price-protection guarantee positioning.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Park Power social profiles
Digital presencePark Power compliance and trust
Trust signalCompliance2 records
Park Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Park Power leadership team
Management profileNumber of profiles
Profiles4 records
Park Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Park Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Park Power
What does Park Power do?
Park Power is an alternative retail energy supplier that purchases electricity and natural gas in bulk from generation companies and resells supply to residential and commercial customers in deregulated U.S. energy markets. The company offers fixed-rate and variable-rate supply plans across six states (Pennsylvania, Illinois, Maryland, Ohio, Delaware, and Washington D.C.), working through 22 utility distribution partners while customers continue to receive delivery and billing from their incumbent local utility.
Is Park Power a public or private company?
Park Power is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Park Power founded?
Park Power was founded in 2012. It employs 11 to 50 people.
Where is Park Power based?
Park Power is headquartered in Broomall, United States, in the North America region.
How does Park Power make money?
Two revenue lines are on record. Energy Supply Revenue is the primary driver. The others are monthly Service Fee.
Who are Park Power's main competitors?
Broad incumbents on record are Constellation Energy and Shell Energy North America. Direct peers are Spark Energy, Verde Energy USA, Xoom Energy, Liberty Power, AP Gas & Electric, Energy Plus / CalEnergy and Direct Energy / NRG Home. Atlantic Energy is listed as an emerging player.
Does Park Power have an API?
No public API is recorded for Park Power.
What industry is Park Power in?
Park Power's product category is Retail Energy Supply. Its primary akta.pro industry code is EUADABAE, Retail Electric Providers / Competitive Distribution Utilities (where applicable), with a secondary code of EUAAADAA, Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching. Its NAICS code is 2211 and its SIC code is 4911.